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Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill
15.5.2026
Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The committee still voted 15-9 to advance the bill to the full Senate floor. Warren’s 44 Amendments and Three Core...
Bitcoin Reclaims $81,000 Briefly After Trump Wraps Beijing Summit With China Trade Extension
15.5.2026
Bitcoin dipped to $79,200 during the Trump-Xi summit on Taiwan tensions and a scorching inflation print before recovering to reclaim $81,000 as U.S. President Donald Trump wrapped his Beijing visit. A Summit Between the World’s Two Largest Economies Trump arrived in Beijing accompanied by...
Propy and Milo to Let Bitcoin Holders Buy Homes With $25M Financing Access
15.5.2026
Propy and Milo are combining crypto-backed mortgages with blockchain-based real estate settlement for a fully digital home-buying process. The partnership aims to let crypto investors purchase property without selling their digital assets. Tim Draper Backs Propy as Milo Expands Crypto Mortgage...
Trump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year
13.5.2026
U.S. wholesale prices climbed 6% year-over-year in April 2026, the largest annual gain in more than three years, as energy costs tied to the ongoing U.S.-Israel-Iran war pushed producer inflation well above expectations. Gasoline Prices Jump 15.6% in April as Iran War Drives Worst U.S. Wholesale...
Campaign Staffers Trade Internal Polls on Polymarket in Third Insider Pattern
13.5.2026
An anonymous campaign staffer told NPR earlier this month that they and colleagues routinely placed Polymarket bets on internal polling data before public release, generating thousands of dollars per cycle. The admission marks the third Polymarket-specific insider trading pattern documented by...
Wisconsin Federal Judge Hands Tribes First IGRA Win Against Kalshi Sports Bets
12.5.2026
A federal judge in Wisconsin has found that the Ho-Chunk Nation is likely to succeed in blocking Kalshi from offering sports event contracts on tribal land under the Indian Gaming Regulatory Act (IGRA), in what appears to be the first ruling of its kind against the prediction-market operator. First...
US Inflation Accelerates for Second Straight Month as Gas Costs Drive April CPI
12.5.2026
The U.S. Bureau of Labor Statistics reported April 2026 Consumer Price Index data on May 12, showing headline inflation climbed to 3.8% year-over-year, above the 3.7% analyst consensus and up from 3.3% in March. Gasoline Prices Push U.S. CPI to 3.8% in April, Highest Reading Since Late 2025...
Congress Members to Hold Bipartisan Crypto Tax Meeting May 14
12.5.2026
A bipartisan group of U.S. lawmakers is convening a closed-door session to push crypto tax reform forward, with new legislation on the table that could reshape how digital asset holders pay taxes on staking, trading, and everyday payments. PARITY Act Would Defer Staking Taxes The House Ways...
Draftkings, Flutter Grab Market-Maker Role, Undercut Peer-to-Peer Prediction Claim
12.5.2026
Draftkings and Flutter Entertainment have both moved into market-making on prediction-market platforms, escalating from consumer-facing products into the financial infrastructure of an industry that built its identity on peer-to-peer trading. The Q1 2026 earnings disclosures establish that...
ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability
11.5.2026
Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with...
Six Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape
9.5.2026
The American Gaming Association published its Q1 2026 Gaming Industry Outlook on May 7, the trade group’s biannual sentiment survey conducted by Oxford Economics across 26 senior gaming executives between March 23 and April 8. The headline numbers tell a confident story, but the details below...
Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance
8.5.2026
Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside Flutter’s Q1 2026 results. Genetski Takes Over While Flutter Names Group-Level...
Prediction Market Fight Deepens as 40 States Push Back on CFTC
7.5.2026
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble...
NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene
4.5.2026
A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi and Polymarket, putting the unions in direct opposition to the leagues that have signed...
China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order
4.5.2026
The blocking statute invoked by MOFCOM requires other companies conducting commercial activities in the country to disregard the sanctions imposed on five domestic refiners linked to Iranian oil transactions, because they constitute an improper extraterritorial application of foreign laws...
US Warns Hormuz Digital Asset Payments May Trigger Sanctions Risk
2.5.2026
OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal risk for maritime firms, financial institutions, insurers, or counterparties. Key Takeaways: OFAC warned crypto payments tied to Hormuz transit...
Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%
2.5.2026
President Donald Trump told Congress on Thursday that U.S. military hostilities with Iran have ended, a declaration timed to the 60-day deadline under the War Powers Resolution of 1973 that gives markets and investors a clearer geopolitical signal heading into May. Key Takeaways: Trump declared...
US Debt Nears $39T GDP Mark for First Time Since 1946, Validating Bitcoin
1.5.2026
The U.S. national debt has officially surpassed $38.9 trillion, eclipsing 100% of the country’s gross domestic product (GDP) for the first time since the end of World War II. This historic fiscal threshold offers a real-world validation for bitcoin’s 21 million fixed supply. Key Takeaways: U.S....
Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket
1.5.2026
A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports, and government actions without an economic hedging interest. The letter was filed on...
Pentagon Eyes Bitcoin Infrastructure as Strategic Asset, Hegseth Says
1.5.2026
U.S. Secretary of War Pete Hegseth said this week that Bitcoin is part of classified Defense Department efforts to project power and counter China. Key Takeaways: Pete Hegseth told Congress on April 30, 2026, that Bitcoin efforts are classified inside the Pentagon. Samuel J. Paparo Jr. confirmed...